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Mar 13, 2013
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it gives the wealthiest of americans another tax break. it lowers our taxes down to 25%. and it will repeals or would repeal obamacare. yeah. i mean it is just, in other words, give the wealthiest another tax break and take it out on the middle class and the poor. >> that's the ryan budget. and you know what? its phoney. it was totally, totally phony meaning -- yeah, he says he would balance the budget in 10 years. he repeals obama care which is not going to happen. i mean i could put out a budget. i could put out a bucket that says, hey, look at this. i just balanced the bucket. i got rid of the executive branch of government. there is my budget. there it is. look at it. >> peter: the budget is balanced. it's balanced on paper. it's bs. i could do that by saying i just got rid of the penta goodeon. guess what. i balanced the budget. it's as realistic to say that as i balanced the budget because i got rid of obama care. i just don't get it. and by the way one other thing ryan is not -- not ashamed of steeling -- stealing ideas. you know, they fought and fought and fought
it gives the wealthiest of americans another tax break. it lowers our taxes down to 25%. and it will repeals or would repeal obamacare. yeah. i mean it is just, in other words, give the wealthiest another tax break and take it out on the middle class and the poor. >> that's the ryan budget. and you know what? its phoney. it was totally, totally phony meaning -- yeah, he says he would balance the budget in 10 years. he repeals obama care which is not going to happen. i mean i could put out...
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Mar 20, 2013
03/13
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we could end the sequester today by adopting cuts but in the tax codes, the tax breaks, the tax credits that are loaded up in the tax code that go mostly to the wealthiest americans. you are talking about getting rid of the tax benefits or loophole? >> that's exactly right. >> give me an example of this. is there enough money there? >> absolutely enough money to over $1.2 trillion over 10 years. we could get it, for example, from the corporate deferral on-shore profit did companies that make their profit did overseas, did he ever their payments, sometimes never pay them, and >> bill: that just encourages people to move their money or jobs offshore? >> it's an incentive. >> why should we be rewarding them for exporting jobs basically? >> what these corporate interests and wealthy americans do is hide spending in give them a check? we would is a no way. in the tax code, nobody is really examining that. >> bill: exact. >> special tax -- well, mortgage interest deductions for second homes. not just a first home. i will tell you, a big one is the fossil fuel subsidy. i am talking about oil a
we could end the sequester today by adopting cuts but in the tax codes, the tax breaks, the tax credits that are loaded up in the tax code that go mostly to the wealthiest americans. you are talking about getting rid of the tax benefits or loophole? >> that's exactly right. >> give me an example of this. is there enough money there? >> absolutely enough money to over $1.2 trillion over 10 years. we could get it, for example, from the corporate deferral on-shore profit did...
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Mar 13, 2013
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raise taxes. the democrats should be repeating -- they're trying to close loopholes tax breaks known as loopholes. that's not raising taxes. that's closing loopholes. >> it is semantics. >> stephanie: the president's carney said exactly like that. >> have you looked at the ryan budget? can you find a single item in tax reform? a single loophole closed? $5 trillion. that's a lot of money. not one. >> stephanie: coupon. >> go door-to-door, old lady. i'm having chest pains. i'm sorry we don't take that coupon. i'm having chest pains. two doors down and up the flight of stairs. >> stephanie: stop looking at smoke. [ ♪ "world news tonight" ♪ ] dennis rodman is on it. >> oh, thank god. >> fresh from his summit in north korea. >> that worked out so well. they declared war against us. >> stephanie: shut the front door. really? is setting his sights on fixing the pesky problems plaguing the church. rodman is jetting to rome. that's the funniest part, rodman has people in rome. okay. have been in touch
raise taxes. the democrats should be repeating -- they're trying to close loopholes tax breaks known as loopholes. that's not raising taxes. that's closing loopholes. >> it is semantics. >> stephanie: the president's carney said exactly like that. >> have you looked at the ryan budget? can you find a single item in tax reform? a single loophole closed? $5 trillion. that's a lot of money. not one. >> stephanie: coupon. >> go door-to-door, old lady. i'm having chest...
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Mar 21, 2013
03/13
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. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. [ male announcer ] it's red lobster's lobsterfest our largest selection of lobster entrees like lobster lover's dream or new grilled lobster and lobster tacos. come in now and sea food differently. visit redlobster.com now for an exclusive $10 coupon on two lobsterfest entrees. [clucking]. everyone wants to be the cadbury bunny. cause only he brings delicious cadbury crÈme eggs, while others may keep trying. nobunny knows easter better than cadbury! you know who is coming on to me now? you know the kind of guys that do reverse mortgage commercials? those types are coming on to me all the time now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's
. >> do you think that there is any chance we'll see this president even say the words "carbon tax"? >> with an open mind... >> has the time finally come for real immigration reform? >> ...and a distinctly satirical point of view. >> but you mentioned "great leadership" so i want to talk about donald rumsfeld. >> (laughter). >> watch the show. >> only on current tv. [ male announcer ] it's red lobster's lobsterfest our largest...
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Mar 20, 2013
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oh yeah, my tax dollars has to pay for clean up if a pipe bursts in the middle of our country where we get most of our water from. another list of dumb ideas. the other one was let's see my favorite lie is the implicit one that iraq would be just fun after sadaam was deposed. let's go to ike in charleston. we got ike on the line. we love ike. how are you? caller: hey brother. as a side up front don't forget you got to deliver that message to kathleen madigan. hal: i made it out of construction paper and chocolate. believe me, she's going to get it. caller: behind that, my favorite iraqi lie, you know, the war it's kind of like lays potato chips, there's so many of them, it's hard to pick one. tongue in cheek i never understood why people getting so upset about people buying cake and n. jacki: ger. then i find out about yellow cake and i'll say the most despicable thing of the bush administration and republicans in general besides terry shaibo is what they did with valerie plame. if you have a problem with a man, you don't go after his wife. hal: ike calls in on my saturday show on wcbt
oh yeah, my tax dollars has to pay for clean up if a pipe bursts in the middle of our country where we get most of our water from. another list of dumb ideas. the other one was let's see my favorite lie is the implicit one that iraq would be just fun after sadaam was deposed. let's go to ike in charleston. we got ike on the line. we love ike. how are you? caller: hey brother. as a side up front don't forget you got to deliver that message to kathleen madigan. hal: i made it out of construction...
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Mar 17, 2013
03/13
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replace all of that, the obama care taxes the fiscal cliff taxes with a better tax system. that's exactly the job of ways and means. get rid of loopholes to lower rates. that's what tax reform is. with respect to the spending issues. the medicare provision. here's what obama care does. it takes 716 billion from medicare to spend on obama care. it raised the program. we end the raid of the program so that all of those dollars go to extending the solvency of obama care. we had witness testimony after testimony what cbo or they tell us you can't spend the same dollar twice. so we say don't take that money from medicare and put it into obama care. it goes toward medicare solve sifment one more point. we have learned through the past that price controls aren't working. that's what the sgr is, the dock fix. so we put reserve funds in our budgets to address these inadequateys like the dock fix. last year we had a reserve fund so you've got to come up with money to save in other places prevent the doctors from getting cut and our reserve fupped did that and we passed it and they di
replace all of that, the obama care taxes the fiscal cliff taxes with a better tax system. that's exactly the job of ways and means. get rid of loopholes to lower rates. that's what tax reform is. with respect to the spending issues. the medicare provision. here's what obama care does. it takes 716 billion from medicare to spend on obama care. it raised the program. we end the raid of the program so that all of those dollars go to extending the solvency of obama care. we had witness testimony...
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Mar 21, 2013
03/13
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and finally i'm discussed that $8 million of our tax money go to israel. and i cannot stand it when my president kowtows and acts like they are our best friend. i would never have a best friend that was so cruel. israel is a cruel nation. with cruel people like bb netanyahu. >> hal: i appreciate the call. but the cruelty of the leaders will never be reflected as the populous even in most cases the majority. there are those two have believed in the interaction of the palestinians and israelis on a regular basis. and many people who believe this fight is more over a waterway. because the water that runs through there -- which side gets the resource is part of the fight. >> really? >> hal: and right now the water falls on the gaza palestinian side of the thing. so it's a way of reclaiming that source -- this is an area of the world where water is of high -- but let's take a break and let's come back. we have a bunch of calls in particular about this. and a couple of people who think that i should become a scientologist or perhaps a free mason, because i will
and finally i'm discussed that $8 million of our tax money go to israel. and i cannot stand it when my president kowtows and acts like they are our best friend. i would never have a best friend that was so cruel. israel is a cruel nation. with cruel people like bb netanyahu. >> hal: i appreciate the call. but the cruelty of the leaders will never be reflected as the populous even in most cases the majority. there are those two have believed in the interaction of the palestinians and...
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Mar 14, 2013
03/13
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the process is as daunting as doing your taxes, the government application is 15 pages long. it ain't going to be that fast that payments. the online application process has 21 steps, some of those steps have more than one question. the department of health and human services estimates it will take you a half hour to complete the online application. forty-five minutes to fill out the paper version. if your household income has changed over the past year, you'll have to apply based on your latest tax return. and in the same turn, you have to predict what your income will be in 2014. in other words, you must provide loads of documentations. and if you or your spouse decide not to take your employer offered insurance, the questions will be plenty. once you have filled out the forms, the red tape is just getting started. at least three major agencies, including the irs, will have to approve your application. they will check your identity and see if you make the income and citizen content citizenship requirements. they are not going to pretty for the actal benefits. that would be
the process is as daunting as doing your taxes, the government application is 15 pages long. it ain't going to be that fast that payments. the online application process has 21 steps, some of those steps have more than one question. the department of health and human services estimates it will take you a half hour to complete the online application. forty-five minutes to fill out the paper version. if your household income has changed over the past year, you'll have to apply based on your...
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Mar 15, 2013
03/13
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i think about taxes. how many feel we are taxed too little in the federal government? spend it took we much in the federal government? [applause] i remember when i first started running for congress a couple years ago. i started talking about taxes and revenue streams and the budget. i started talking about the fact that we were spending $3.40 trillion. what i would say to get people to take a nap in the middle of a speech was not necessarily a good thing, by the way. we want you to stay away. i would go through all the numbers in about 20 seconds. we spend about $700 billion on social security. $692 billion on defense. billions on non-defense discretionary spending. $519 billion coming out of medicare. $400 billion in mandatory spending. $300 billion just to service the debt. the 25 yearack to historical average, we find ourselves paying over $800 billion just to service our debt. $273i would close with billion sent to medicaid. whoh.ody would say, the federal government has a $22,000 income. we set a budget at $34,000. where does that make sense? nowhere in america w
i think about taxes. how many feel we are taxed too little in the federal government? spend it took we much in the federal government? [applause] i remember when i first started running for congress a couple years ago. i started talking about taxes and revenue streams and the budget. i started talking about the fact that we were spending $3.40 trillion. what i would say to get people to take a nap in the middle of a speech was not necessarily a good thing, by the way. we want you to stay away....
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Mar 14, 2013
03/13
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so, he's redefining tax reform not the traditional word of tax reform, meaning you lower rates and use that to close loopholes to lower rates. he wants to use it to say, well, we're going to close loopholes to pay for more spending. >> congressman tom price and why no budget. what was his explanation, why he has no budget. the senate has a budget and the house has a budget. >> again, he had a very difficult time answering that question. >> what did he say? >> i mean, it was like, look, you've listened to him. he's got no substantive answer when tom price-- >> what did he say, i'm too busy or they're working on it? >> look, it's going to come and avoiding eye contact, a couple of weeks. well, it's late already and he was challenged in the meeting, are you presenting this late on a rope-a-dope effort after we passed the budget that paul ryan is leading us on? it's all of those sorts of things and here this was a big attempt to try and bring people together. i thought, look, our members respect the presidency and we're respectful of him in that opportunity, but he didn't follow through on
so, he's redefining tax reform not the traditional word of tax reform, meaning you lower rates and use that to close loopholes to lower rates. he wants to use it to say, well, we're going to close loopholes to pay for more spending. >> congressman tom price and why no budget. what was his explanation, why he has no budget. the senate has a budget and the house has a budget. >> again, he had a very difficult time answering that question. >> what did he say? >> i mean, it...
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Mar 13, 2013
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tax rates. ryan's goal is to have just two tax brackets. 10% and 25%. so the question now is, well, will democrats see this as congressman ryan and again, just throwing granny over the cliff. are they going to demagogue it it? don't laugh, a sequel to the ad is already out and we're going to play for you in just a few minutes or will senate democrats who haven't passed a budget in more than 1400 days, will they seize this opportunity to get the country on a fiscally sound path like paul ryan is presenting? now, i'd like to be optimistic, but judging by the reaction from the president himself earlier tonight, that's not going to be the case. now, listen to what he told abc's george stephanopoulos. >> paul ryan today put forward his budget and he says he's challenging you to come forward with a budget that also reaches balance. are you going to do that? >> no, my goal is not to chase a balanced budget just for the sake of balance. my goal is how do we grow the economy, put people back to work, and
tax rates. ryan's goal is to have just two tax brackets. 10% and 25%. so the question now is, well, will democrats see this as congressman ryan and again, just throwing granny over the cliff. are they going to demagogue it it? don't laugh, a sequel to the ad is already out and we're going to play for you in just a few minutes or will senate democrats who haven't passed a budget in more than 1400 days, will they seize this opportunity to get the country on a fiscally sound path like paul ryan is...
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Mar 13, 2013
03/13
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people that go to taxes. melissa: moving onto sean penn. the haitian government. they are pain to move they are paying to move some people off this golf course. via sean penn. they are giving him a .75 million towards these earthquake victims to move them. >> sean penn is an interesting character. i can't quite figure him out. i will give him credit, he focused on paid attention and they have a lot of problems there. melissa: let's go on to robot cars. the car was developed to help japan's aging population. you think we will be riding around in these one-day? they drive themselves up a little scary. what the thing? >> i like the aspect of it. i can't see myself in a car that small. melissa: that is all the "money" we have for you today. be sure to watch neil cavuto. he's whenever special report. gerri: hello, everyone, i am gerri willis. backlash over the tsa's plan to allow knives on planes. one lawmaker wants to force the agency to back down and he is here tonight. also, obamacare coverage could be more painful than doing your taxes. and covering your assets wit
people that go to taxes. melissa: moving onto sean penn. the haitian government. they are pain to move they are paying to move some people off this golf course. via sean penn. they are giving him a .75 million towards these earthquake victims to move them. >> sean penn is an interesting character. i can't quite figure him out. i will give him credit, he focused on paid attention and they have a lot of problems there. melissa: let's go on to robot cars. the car was developed to help...
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Mar 13, 2013
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are taxing hours? we think the current tax code destroying jobs. it makes american business is much less competitive. that is why the ways and means committee wants to get more people working again. >> is that a shift in approach? >> our approach reflects exactly what the president's joint chiefs season minimum levels necessary to fund the mission for the pentagon. this is our first priority -- national defense. we're funding at the levels the joint chiefs say is necessary to maintain national security. >> you're talking about how the fiscal cliff deal and other improvements major job easier, but you still have to take steps to get a balance. what are those steps? >> one is a budget control act. we extend the budget control act. we also want to extend reforms on the public workforce on federal employees to include all federal employees so that their pension contribution matches those that are in the private sector. we do not think federal employees should be able to have pension systems that are far in
are taxing hours? we think the current tax code destroying jobs. it makes american business is much less competitive. that is why the ways and means committee wants to get more people working again. >> is that a shift in approach? >> our approach reflects exactly what the president's joint chiefs season minimum levels necessary to fund the mission for the pentagon. this is our first priority -- national defense. we're funding at the levels the joint chiefs say is necessary to...
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Mar 13, 2013
03/13
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of reforming the tax -- for the purpose of reforming the tax code, bringing down marginal tax rates for businesses and individuals, he wants to raise taxes again. there is a bipartisan consensus, however, that tax reform should lower the rates and broaden the base. indeed, those were the recommendations of the simpson-bowles commission and the dim-rivlin panel as well. but as i said, the president wants to use what he calls tax reform as a trojan horse to raise taxes again. he argues that we won't have a balanced approach to deficit reduction unless we pass another massive tax hike, and that's after the president raised taxes by $600 billion in january muc. from what i understand, our friends across the aisle, senator murray as the chairman of the senate budget committee, are about to unjail a budget proposal -- unveil a budget proposal that would raise taxes again by at least $1 trillion. now, i realize if you think that government is the answer to almost every question that comes up with america today, that you're going to need bigger government, more intrusive government funded b
of reforming the tax -- for the purpose of reforming the tax code, bringing down marginal tax rates for businesses and individuals, he wants to raise taxes again. there is a bipartisan consensus, however, that tax reform should lower the rates and broaden the base. indeed, those were the recommendations of the simpson-bowles commission and the dim-rivlin panel as well. but as i said, the president wants to use what he calls tax reform as a trojan horse to raise taxes again. he argues that we...
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Mar 13, 2013
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the lowest tax burden since 1960. corporate tax is 15%, the federal corporate tax. that is pretty good. that is what makes canada so attractive for business all over the world. the caller is right, the economic reforms began under the liberal party. it is true. they sobered up, much more than we have done here in the united states. host: you write in your piece that the canadians had an election in october 2008. nine months after the election, they won again by a bigger margin. when you expand on that -- guest: yes. he keeps painting regions of blue, the conservative color. people have begun up there to trust the conservatives with power. the liberal lock on the country has been broken, for now. liberals are not even the official -- official position. that is another left party. harper is a incremental list. quality, buter's he does not move the public farther than they are willing to go. he likes to -- i think the way he would put it is, they only can the common sense gene in the canadian people. they are a part of anglo- american said -- civilization. this was the
the lowest tax burden since 1960. corporate tax is 15%, the federal corporate tax. that is pretty good. that is what makes canada so attractive for business all over the world. the caller is right, the economic reforms began under the liberal party. it is true. they sobered up, much more than we have done here in the united states. host: you write in your piece that the canadians had an election in october 2008. nine months after the election, they won again by a bigger margin. when you expand...
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Mar 14, 2013
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most middle tax payers would see their tax rate go down. but to be quite a bit of reduction depending on where you are in the tax bill. i do not see anything in here. i read the entire bill. i do not see anything the home mortgage reduction or charitable giving. i do not say those things in here. i do not know what the ways and committee will do with this instruction. i'm not sure what and not a resolution of let's not raise taxes on the middle class effectively does. i would encourage my colleagues at his point to impose the amendment and just adopt a budget as written. i yield back. >> thank you. i yield 10 minutes to my friend from indiana. >> thank you. i do not believe there should be tax increases on anyone the matter their income levels. the best thing we can do is turn the economy around and create jobs and poor money back into this economy. our budget -- and pour money back into this economy. additional taxes on anyone damages the economy. let me see a quick story about my area in indiana. when i go home and i have conversations wi
most middle tax payers would see their tax rate go down. but to be quite a bit of reduction depending on where you are in the tax bill. i do not see anything in here. i read the entire bill. i do not see anything the home mortgage reduction or charitable giving. i do not say those things in here. i do not know what the ways and committee will do with this instruction. i'm not sure what and not a resolution of let's not raise taxes on the middle class effectively does. i would encourage my...
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Mar 19, 2013
03/13
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this is a big deal. >> neil: this was an asset tax. something to which we're not immune here because with the healthcare law, there's the medicare hsu tax on selling real estate and x amount. so we already have that built in. so the -- i'm not saying the next stop is the depositor tox but we do have asset tax. >> absolutely there has been talk about the consumer financial protection bureau taking control and oversight of 401k accounts so they can make sure people aren't being ripped off. if you undermine the whole idea of savings, we already have a nationy we're not saving enough for retirement. all we need to do is undermine our financial system as well and it's just disaster on the way. >> neil: i'm not happy. if you don't watch fox business, she's going to come with her best-selling book and force you to read it. >> a fox news alert. the white house easter egg roll is not at risk. why there is an excess warning we're all about to get scrambled most people think that after an accident, you'll have to pay five hundred bucks for your d
this is a big deal. >> neil: this was an asset tax. something to which we're not immune here because with the healthcare law, there's the medicare hsu tax on selling real estate and x amount. so we already have that built in. so the -- i'm not saying the next stop is the depositor tox but we do have asset tax. >> absolutely there has been talk about the consumer financial protection bureau taking control and oversight of 401k accounts so they can make sure people aren't being ripped...
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Mar 14, 2013
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-- taxes with a better tax system. and get rid of loopholes to a lower rate. that is what tax reform is. with respect to the spending issues, the medicare provision, here is what obamacare does. it takes $716 billion from medicare to spend on obamacare. we and the rate of the program so all of those dollars go to extending the dollars of obamacare. we have witnessed testimony after testimony, whether it was cbo or cms, tell us you cannot spend the same dollar price. we say do not take that money from medicare and put it in obamacare. goes towards medicare. one more point. we have learned through the past that price controls are not working. we put reserve funds in our budgets to address these inadequacies. last year, a reserve fund. you come up with money to save in other places and present -- prevent from getting cut. they did that and they did not get cut. we sent up the same process for other medicare providers from that that we believe those price controls will damage. this has not been held out yet. all of these c
-- taxes with a better tax system. and get rid of loopholes to a lower rate. that is what tax reform is. with respect to the spending issues, the medicare provision, here is what obamacare does. it takes $716 billion from medicare to spend on obamacare. we and the rate of the program so all of those dollars go to extending the dollars of obamacare. we have witnessed testimony after testimony, whether it was cbo or cms, tell us you cannot spend the same dollar price. we say do not take that...
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Mar 21, 2013
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she has to take her after-tax income, which is much reduced because she first has to pay taxes on that income, and then she has to go out and buy health insurance without any government subsidy in the market. well, isn't this interesting. government tells her what policy she has to get. the cheapest policy under the bronze plan, under the subsidies is $20,000 a year. so where, tell me, mr. speaker, and i should ask the novet united states who came up with this brilliant idea, where, mr. speaker are poor women supposed to go to buy health insurance they can afford? not in the obamacare regime. where is she supposed to go when her very sick child has lost his health insurance from the employer that his daddy provided for him because his daddy had a job. his daddy had health insurance. that young child had health insurance, was very sick with a disease, he was very sick. insurance, t on his daddy had a job, his a daddy has insurance. now under obamacare, they may not give him insurance. this is devastating for moms across america if children across america, for senior citizens across amer
she has to take her after-tax income, which is much reduced because she first has to pay taxes on that income, and then she has to go out and buy health insurance without any government subsidy in the market. well, isn't this interesting. government tells her what policy she has to get. the cheapest policy under the bronze plan, under the subsidies is $20,000 a year. so where, tell me, mr. speaker, and i should ask the novet united states who came up with this brilliant idea, where, mr. speaker...
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Mar 13, 2013
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lou: disease a tax increase is? >> spending cuts plus tax increases. [laughter] lou: we are out of time. we will bring you back with more than 302nd. >> of afford to it. lou: thanks so much. >> thank you. lou: the book is turnaround. we appreciated.
lou: disease a tax increase is? >> spending cuts plus tax increases. [laughter] lou: we are out of time. we will bring you back with more than 302nd. >> of afford to it. lou: thanks so much. >> thank you. lou: the book is turnaround. we appreciated.
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Mar 21, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [chanting] right to work has got to go. >> protesteres are lashing out again but the governor is not backing down at all. michigan's right-to-work laws set to kick in a week from today. republican governor rick snyder is here. governor, good to see you. i was mentioning during the break whether when you see yourself portrayed as satan or the devil. >> it's great to be with you. i feel it's part of democracy. it was hired to do a job by my customers, the citizens of the state of michigan, and i'm doing the right thing. it's about workers rights and it's about bringing more jobs to michigan. so i'm just going to do my job. >> neil: we were talking about the possibility of an errant judge
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. [chanting] right to work has got to go. >> protesteres are lashing out again but the governor is not backing down at all. michigan's right-to-work laws set to...
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Mar 13, 2013
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simple math shows that this budget will finance large tax cuts for the wealthiest by raising the tax burden on middle class taxpayers. the budget calls for dropping the top tax rate from 39% to 25% , cutting the rate for millionaires by more than 1/3 while holding all other revenues constant. just last fall the nonpartisan tax policy center did an analysis of a far more modest plan put forward by governor romney to reduce the top tax rate from 35% to 28%. and they showed it would inevitably raise the income tax burden on individuals making under $200,000 a year. this budget proposal which provides even bigger tax cuts to millionaires will raise the tax burden on middle income families by an average of $2,000. at the same time, same time it does not close one single special interest tax loophole for the purpose of reducing the deficit. not one dime from ending special breaks for corporate jets, big oil companies, or hedge fund managers to help us reduce the deficit. while providing this windfall to the very healthy, this proposal guts vital investments that are essential to shared pro
simple math shows that this budget will finance large tax cuts for the wealthiest by raising the tax burden on middle class taxpayers. the budget calls for dropping the top tax rate from 39% to 25% , cutting the rate for millionaires by more than 1/3 while holding all other revenues constant. just last fall the nonpartisan tax policy center did an analysis of a far more modest plan put forward by governor romney to reduce the top tax rate from 35% to 28%. and they showed it would inevitably...
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Mar 17, 2013
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he wants to raise taxes again. remember this the next time some journalist asks a republican, cassette and are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the deficit. the problem was for every additional dollar that came in to the internal revenue service, the democrats were spending another $3. then reagan's knuckle head of a vice president, the first george bush, unable to learn from the first kick of a mule, made the exact same deal with democrats. he raised taxes in exchange for promised cuts in spending. hikell gladly take a tax today for a cut in spending on tuesday." once again, democrats raised spending. it would be like journalists going to tribal chiefs circa 1890 and saying sarcastically
he wants to raise taxes again. remember this the next time some journalist asks a republican, cassette and are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the...
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Mar 16, 2013
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was from 1979 to coming out of jimmy carter and following the same policies of out of control debt, taxes, regulation. in facingreagan came that stagnation. he implemented policies the exact opposite of barack obama. 1979 to 1983, economic growth was zero. 0.8%. obama did not learn the lesson from reagan that if he wants to do you know, if president obama had followed the reagan policy, and we had seen identical growth that president reagan saw, inheriting the same lousy economy that barack obama did, did you know that today we would have 7 million additional new jobs in america? let me help make that more concrete. 7 million new jobs is the equivalent of getting a job to every man, woman, and child in chicago, houston, philadelphia, and boston. that's what we're talking about. [applause] and the stagnation under president obama doesn't follow uniformly. if you happen to be an environmental lawyer, you're doing great right now. the people who are hurting the most are those who are struggling in the least well-off amongst us. hispanicsident obama, unemployment climbed to 10%. african-ameri
was from 1979 to coming out of jimmy carter and following the same policies of out of control debt, taxes, regulation. in facingreagan came that stagnation. he implemented policies the exact opposite of barack obama. 1979 to 1983, economic growth was zero. 0.8%. obama did not learn the lesson from reagan that if he wants to do you know, if president obama had followed the reagan policy, and we had seen identical growth that president reagan saw, inheriting the same lousy economy that barack...
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Mar 13, 2013
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we cannot tax our way out of this debt. there is no tax increase that gets us out of this debt. and to my own party, i say while we always have to have fiscal discipline, you can't cut your way out of this debt either. the only real solution to our debt problem -- and the debt matters because it's killing jobs in america -- the only real solution to our debt problems is a combination of two things. rapid, robust economic growth. if we could grow our economy at 4% a year, we could generate $3 trillion for debt reduction over the next decade. and we could create millions of jobs and pull people out of poverty and strengthen our middle class, which is the source of our exceptionalism as a country. and the second thing we need is fiscal discipline on future spending. this bill violates both. this bill violates both. it hurts economic growth because the only way you're going to grow your economy is if you make america a better place to create jobs and start businesses. that's how economic growth is created. when someone takes money they have or money they've borrowed or money somebod
we cannot tax our way out of this debt. there is no tax increase that gets us out of this debt. and to my own party, i say while we always have to have fiscal discipline, you can't cut your way out of this debt either. the only real solution to our debt problem -- and the debt matters because it's killing jobs in america -- the only real solution to our debt problems is a combination of two things. rapid, robust economic growth. if we could grow our economy at 4% a year, we could generate $3...
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Mar 21, 2013
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there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california is one of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what politicians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound migration, but i think the question is, did you break safe with the business community when you promise them the temporary tax, people sported it. i don't know very few people in the business community opposed it the first time because we thought, well, he's doing a good job. he's trying to fix it a lot of things in the state budget. if he needs the temporary cover, give it to him, but now to extend it, that reminds me that federal income tax was supposed to be a temporary tax to pay for world world war i, limited to pay for world war i. neil: you're right. stayed on, didn't it? >
there's no income tax, no estate tax, but a lot of peep don't like the heat. i'm just saying, you know, maybe people are looking at this wilbur saying there's a lot of high tax states. california is one of them. new york is one of them. tristate, new york city, new jersey, connecticut area, all high tax states. where do we go? that's what politicians count on. >> my guess is he'll be in the sense to bring in more tax than he will lose. i don't think you're going to have vast outbound...
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Mar 20, 2013
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you do not pay tax. they have to have lawyers now, accountants and -- >> 9600 jurisdictions that they have to keep track of. and each one had that is a different set of rules and regulations. i hear the argument, it's not a big deal that someone will figure it out with software, it's not about the software, it's about compliance and aud auditing and small businesses spending time on paperwork instead of getting back to work. >> i feel it's a tax grab. what bothers me is you may favor that tax grab. that is my concern. can you dissuede me from that concern? >> i do not like this tax grab. states fund themselves with sales tax. it's the primary way that states generate, revenues for themselves. so we cannot take away the only way they generate revenue. >> some states. >> some, right, but maybe a better way to do it is to collect the tax in the state where the psmall business exist. >> how about that? >> that is what exists now, it's across state lines that we are talking about. >> go ahead. go ahead. pleas
you do not pay tax. they have to have lawyers now, accountants and -- >> 9600 jurisdictions that they have to keep track of. and each one had that is a different set of rules and regulations. i hear the argument, it's not a big deal that someone will figure it out with software, it's not about the software, it's about compliance and aud auditing and small businesses spending time on paperwork instead of getting back to work. >> i feel it's a tax grab. what bothers me is you may...
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Mar 19, 2013
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and taxes. it will structure our system for economic growth. we will stop hemorrhaging jobs overseas and bring american jobs back to these shores. it's one thing if we lose jobs because of low wages overseas. we don't ever want to compete in that arena. it's another if we lose jobs because our government is inefficient, bloated and expensive. and finally, it protects our most vulnerable. it protects our young people. you know, i agree with then senator obama when he said it was immoral to continue to incur these massive debts. of course, when he said it, since he said it, our debt is multiples of what he was decrying at that time. we are piling mountains and mountains of debt on our children and our grandchildren to fuel our addiction to spending and it's got to stop and it's got to stop now. i'm proud to stand for this republican budget and i urge its passage. i give back the rest of my time. the chair: the gentleman yields back the balance of his time. the gentleman from maryland. mr. van holl
and taxes. it will structure our system for economic growth. we will stop hemorrhaging jobs overseas and bring american jobs back to these shores. it's one thing if we lose jobs because of low wages overseas. we don't ever want to compete in that arena. it's another if we lose jobs because our government is inefficient, bloated and expensive. and finally, it protects our most vulnerable. it protects our young people. you know, i agree with then senator obama when he said it was immoral to...
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Mar 20, 2013
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instead of raising taxes the house republican plan includes pro-growth, comprehensive tax reform, tax reform is critical to increasing u.s. competitiveness abroad as well as attracting business here at home. it will close loopholes and special interest deductions and credits for personal and corporate income taxes and lower the rates for everyone. i am pleased house republicans are the only people in this town with the courage to balance the budget. it's time to return the economy to an engine of growth and job creation and increased opportunities for all hardworking americans. this is what the house republican budget will achieve and this is what americans deserve. i yield back. the chair: the gentlelady yields back the balance of her time. the gentleman from maryland. mr. van hollen: thank you, mr. chairman. the way to save medicare is to bring down costs overall in the health care system, not give seniors a voucher that puts all the risk on the senior which is what the republican approach does. i now yield one minute to the gentleman from california, the distinguished ranking membe
instead of raising taxes the house republican plan includes pro-growth, comprehensive tax reform, tax reform is critical to increasing u.s. competitiveness abroad as well as attracting business here at home. it will close loopholes and special interest deductions and credits for personal and corporate income taxes and lower the rates for everyone. i am pleased house republicans are the only people in this town with the courage to balance the budget. it's time to return the economy to an engine...
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have on the lord sugar it isn't a part of living in these by the way tom our companies who are our tax paying companies who are employing people and they're living within the law to have the right operate american heart association says one hundred eighty thousand deaths well it's world wide but they want you to come driving due to the seriousness of the problem but women the tobacco supporters said to america you know they're starting with us today but it'll come to you next and that was poop because it was just going to focus on this serious problem jacqui pretty much you've just admitted the plan is you need to have we're going to fight anything on popular we're going to come i don't know if you are installing a lot. only because you do have socialized health care but if you take the socialization out of health care then the people themselves will have to bear the cost in. turn this into a debate about national health care and whether we should have when the economy as well government doesn't know how to live our lives it's what's one hundred ways forget the health care costs it cos
have on the lord sugar it isn't a part of living in these by the way tom our companies who are our tax paying companies who are employing people and they're living within the law to have the right operate american heart association says one hundred eighty thousand deaths well it's world wide but they want you to come driving due to the seriousness of the problem but women the tobacco supporters said to america you know they're starting with us today but it'll come to you next and that was poop...
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Mar 16, 2013
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he didn't pay his tax. he got caught on that. it's outrageous. my pick is, i'm not committing a lot of money to new -- new money to this market. i've got old money. i like it, look at shfl, a gaming stock. >> jonathan, yours? >> i saw a bunch of municipal bond funds hit 52-week lows this week. that's a canary in the coal mines for higher interest rates. this is 2001, 2002, but for higher rates, sag those up with interest rates, i hold it and i think it's good buy. >> thank you. gang. and remember, we're here to keep an eye on your cash and your taxes because the folks in dc ken on all your hard work. we'll be here week in and week out until they just stop. i'll be on twitter all week. be sure to tell me what you think about today's topics at ericboling hash tag "cashin' in." have a great weekend. everybody. >>> hello, everyone. i'm greg gutfeld with kimberly gill poil, dane -- gill fail. this is "the five" >> so far at cpac we heard from allen west who summarized the problems liberals have with race. >> i'm speaking from experience nothingell you
he didn't pay his tax. he got caught on that. it's outrageous. my pick is, i'm not committing a lot of money to new -- new money to this market. i've got old money. i like it, look at shfl, a gaming stock. >> jonathan, yours? >> i saw a bunch of municipal bond funds hit 52-week lows this week. that's a canary in the coal mines for higher interest rates. this is 2001, 2002, but for higher rates, sag those up with interest rates, i hold it and i think it's good buy. >> thank...
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Mar 15, 2013
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there's no tax increase in the world that will solve our long term dead -- debt problem. i'll tell you the criticism of the left. number one, he drank two much water. number two he didn't offer any new ideas and there's the fallacy of this. we don't need a new idea. there is an idea. the idea called america and it still works. [applause] >> i was told i got ten measly minutes. [laughter] >> but just in case i brought 13 hours worth of information. [laughter] >> the filibuster was about drones and also about much more. do we have a bill of rights? do we have a constitution? and will we defend it? [applause] >> within a few days, the president signed an extra $250 million to send to egypt. [booing] >> you know the country where attacked our embassy, burned our flag, and chanted "death to america," he found an extra $250 million to reward them. i say, not one penny more to countries that are burning our flag. >> the g.o.p. of old has grown stale and moss-covered. [applause] >> i don't think we need to name any names, do we? applause. >> our party is enculpberred by an incons
there's no tax increase in the world that will solve our long term dead -- debt problem. i'll tell you the criticism of the left. number one, he drank two much water. number two he didn't offer any new ideas and there's the fallacy of this. we don't need a new idea. there is an idea. the idea called america and it still works. [applause] >> i was told i got ten measly minutes. [laughter] >> but just in case i brought 13 hours worth of information. [laughter] >> the filibuster...
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Mar 13, 2013
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let's replace this anti-tax code, this loophole tax code with a progrowth tax system that helps families and businesses. replace it with a better progrowth s. lower tax rates, fewer loopholes and we can still balance the budget in doing. so we are not going to refight the past which law is law. that's not going to change. that's why we are saying not only can we do it faster. we want to do it with a better progrowth tax code. >> you have said we're not going to fight past yet a key tent of your budget is the affordable care act. we hear generals sometimes fight the last war. why go through that again? did you feel you had to include repeal of the affordable care act or it wouldn't pass the house of representatives? >> it was never a doubt in our mind. the fiscal cliff occurred but we don't like the tax code it produced. so we're proposing a new tax code that is a progrowth tax code. we don't like the affordable act. we believe this law is going to collapse under its own weight. please know that when americans see what this law entails which they have not seen all of the details. those of
let's replace this anti-tax code, this loophole tax code with a progrowth tax system that helps families and businesses. replace it with a better progrowth s. lower tax rates, fewer loopholes and we can still balance the budget in doing. so we are not going to refight the past which law is law. that's not going to change. that's why we are saying not only can we do it faster. we want to do it with a better progrowth tax code. >> you have said we're not going to fight past yet a key tent...
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Mar 18, 2013
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while cutting taxes every year. i have dedicated much of my adult life to revolutionize our schools so that school serves children and parents. you must know this, all of our successes at the state level, and all of the work being done in the private sector can be undone if we continue to lose presidential elections. we will forfeit our ability to chart a better future for our republic. this would be tragic in every sense of the world. as you know, sam is the former ceo of ibm. probably the best ceo in america in the last decade. sam is also a fantastic human being. he's easy to talk to, but he is also a visionary and a true leader. he told me an amazing story. withs deeply involved assembling the team that created watson, a supercomputer that can understand natural language with all the ambiguities associated with human speech. watson can read through more than 200 pages of text to find an answer in less than three seconds. what you do when you have this kind of amazing capability at your fingertips? do you know wh
while cutting taxes every year. i have dedicated much of my adult life to revolutionize our schools so that school serves children and parents. you must know this, all of our successes at the state level, and all of the work being done in the private sector can be undone if we continue to lose presidential elections. we will forfeit our ability to chart a better future for our republic. this would be tragic in every sense of the world. as you know, sam is the former ceo of ibm. probably the...
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Mar 21, 2013
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premiums because the tax increases in obamacare were taxes on medical device companies, taxes on your health insurance plan, taxes on pharmaceuticals, all of which are being passed on in the form of higher costs to average working americans. so we have got a crisis in this country that affect the middle-class families, people who are out there every single day just trying to do their best to make their budget balance and do the important things to plan for the future of their children and grandchildren, and here we are in washington, d.c., debating yet more policies that are going to hurt the economy, that are going to -- that are going to crush job creation in this country and lower take-home pay for those very middle-class american families. and so this is the wrong approach, mr. president. i hope that as we debate this we'll have an opportunity to vote on amendments. perhaps there is a way in which we could make this better. i doubt that to be the case. this budget is so far off in terms of where we need to be going as a country, if we're serious about getting the economy growing a
premiums because the tax increases in obamacare were taxes on medical device companies, taxes on your health insurance plan, taxes on pharmaceuticals, all of which are being passed on in the form of higher costs to average working americans. so we have got a crisis in this country that affect the middle-class families, people who are out there every single day just trying to do their best to make their budget balance and do the important things to plan for the future of their children and...
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Mar 21, 2013
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raise taxes. next year they want to raise the taxes by 40 billion dollars, again, the republican budget doesn't raise taxes and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the budgets of the budget blueprints of the republicans in the house and the democrats in senate and republicans want to restrain spending and democrats want to continue to blow up the budget and eventually, over the decade add 1 trillion dollars of new taxes. >> sean: yeah, so 1 trillion in new taxes over ten years, a trillion dollars, this is like they know no other way, all right? that's point one, but yet, they still will give us almost trillion dollar deficits as far as the eye can see throughout the entire ten
raise taxes. next year they want to raise the taxes by 40 billion dollars, again, the republican budget doesn't raise taxes and then on the deficit this year, the democrat deficit would be 164 billion dollars bigger than the republican deficit. and next year, 308 billion dollars, just to give you a sense of it, by 2015 the republican deficit would be down to 125 billion and the democrat deficit 433 billion. there's a big indication of the difference between the parties when you look at the...
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Mar 20, 2013
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it's a plan for tax reform. it's a plan to open up our energy stores that we have here so we can be energy independent. we have vast amounts of energy reserves we need to tap so we can put people to work, bring down gas prices, stretch paychecks further. we've got to control our spending appetite. we've got to reform programs like medicare so they're solvent. we've got to reform our safety net so it works to get people on their feet. that's what this budget does. in a nutshell, instead of spending $46 trillion over the next 10 years, as we're currently poised to spend, we spend $41 trillion. instead of growing spending 5% a year we grow at 3.4% a year. with all the predictions of doom and gloom and how evil and terrible and horrible or budget is, it increases spending every year by 3.4% a year instead of 5% a year. the difference is we balance the budget. the difference is we let families keep more of their own take-home pay. the difference is we make sure our kids inherit a debt-free future. the difference is w
it's a plan for tax reform. it's a plan to open up our energy stores that we have here so we can be energy independent. we have vast amounts of energy reserves we need to tap so we can put people to work, bring down gas prices, stretch paychecks further. we've got to control our spending appetite. we've got to reform programs like medicare so they're solvent. we've got to reform our safety net so it works to get people on their feet. that's what this budget does. in a nutshell, instead of...
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Mar 21, 2013
03/13
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they are insulted, some of them, at the prospect of taxing any deposits whatsoever. they don't want even the wealthy depositors to be taxed because they see it as an attack on their system here, their business model for the country, which contributes 50% of the gdp. they know there are going to be job losses widespread because they're shrinking the banking sector on purpose. that's really going to hurt here. >> michelle, thank you very much. we'll see you again. great reporting. >>> the trillion-dollar question, folks, is this. is cyprus a potential black swan with huge unforeseen consequences, or just a little island sideshow with no impact on your money? let's ask cio at bmo private bank and steve oth at federated investors. jack, how important is cyprus? >> it is important, brian. this is really the first test of eurozone financial system will. it's finally come down to an insolvency. and the fact that they were willing to impose taxes on deposits really sent shock waves not through -- not just through cyprus and through the eurozone but really through the world.
they are insulted, some of them, at the prospect of taxing any deposits whatsoever. they don't want even the wealthy depositors to be taxed because they see it as an attack on their system here, their business model for the country, which contributes 50% of the gdp. they know there are going to be job losses widespread because they're shrinking the banking sector on purpose. that's really going to hurt here. >> michelle, thank you very much. we'll see you again. great reporting....
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Mar 21, 2013
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frankly much higher taxes from the american people. we certainly hope that the president will change his mind and submit a plan that actually balances the budget. >> the senate plans to vote on the dueling plans and a whole series of amendments tomorrow. democrats say they favor a balanceed approach and republicans say they back a budget. >> bret: mike emanuel live on the hill. dow lost 90. s&p 500 dropped 13. the nasdaq fell 32. cyprus is officially on the clock. european bankers have given cyprus four days to come up with a new plan to avoid bankruptcy. senior foreign affairs greg palkot tells us what the hurry is. >> anger outside of the cyprus parliament. bank employees are worried they will lose their job. the both would take measure to consolidate the troubled cypriot financial failure to protect the smaller deposito depositors, said to be part of plan "b" to contribute to multibillion dollar bail out by the country. >> there is only one tactic. to save our economy and our country. >> the original plan for cyprus to tap in privat
frankly much higher taxes from the american people. we certainly hope that the president will change his mind and submit a plan that actually balances the budget. >> the senate plans to vote on the dueling plans and a whole series of amendments tomorrow. democrats say they favor a balanceed approach and republicans say they back a budget. >> bret: mike emanuel live on the hill. dow lost 90. s&p 500 dropped 13. the nasdaq fell 32. cyprus is officially on the clock. european...
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Mar 20, 2013
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taxes every year. nearly 30 million middle income americans would lose their health insurance because of the repeal of the affordable care act and tens of millions of the would lose coverage because of ryan's plan to gut medicaid. we can do better. it would destroy the commitment we made to our nation's seniors, by turning medicare into a voucher program. it would shift the rising cost of health care onto those very american who was already suffered deep financial shocks in the recent fiscal crisis. many of them have lost their homes, lost their health insurance, lost their jobs, lost equity in their homes, lost their savings, and yet we want the ryan -- and yet the ryan budget would break another promise to them. in a profoundly cynical mood the ryan budget would revoke those provisions of the affordable care act that would expand access to care while keeping in place the revenue generated by the act. the ryan budget also guts investments in science. job tructure and all the growth as well as the futu
taxes every year. nearly 30 million middle income americans would lose their health insurance because of the repeal of the affordable care act and tens of millions of the would lose coverage because of ryan's plan to gut medicaid. we can do better. it would destroy the commitment we made to our nation's seniors, by turning medicare into a voucher program. it would shift the rising cost of health care onto those very american who was already suffered deep financial shocks in the recent fiscal...
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Mar 18, 2013
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we lowered the overall taxes for the first time in years. taxes on homes have gone down in each of the last two years. [applause] but when it comes to jobs under my predecessors terms wisconsin lost 300,000 jobs and just 10% of our employers were headed in the right direction. today we're gaining jobs and 93% of the employers says that wisconsin is heading in the right direction. we can leave with an optimistic message. simply put in we showed in our election who do you want in charge, the big government or do you want the hard working taxpayers, the hard working taxpayers win out and they will win out over and over again. in america, we need to show an optimistic message that we're not standing with the big businesses of america, we're standing with the hard-working taxpayers and this is the message that can resonate throughout this country. [applause] now, in addition to being optimistic we need to be relevent. what do i mean by that? in politics we talk in words like sequesters and fiscal cliffs. people in wisconsin, they talk to me about
we lowered the overall taxes for the first time in years. taxes on homes have gone down in each of the last two years. [applause] but when it comes to jobs under my predecessors terms wisconsin lost 300,000 jobs and just 10% of our employers were headed in the right direction. today we're gaining jobs and 93% of the employers says that wisconsin is heading in the right direction. we can leave with an optimistic message. simply put in we showed in our election who do you want in charge, the big...
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116
Mar 17, 2013
03/13
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CSPAN
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he wants to raise taxes again. remember this the next time some journalist asks a republican, are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the deficit. the problem was for every additional dollar that came in to the internal revenue service, the democrats were spending another $3. then reagan's knuckle head of a vice president, the first george bush, unable to learn from the first kick of a mule, made the exact same deal with democrats. he raised taxes in exchange for promised cuts in spending. "i will gladly take a tax hike today for a cut in spending on tuesday." once again, democrats raised spending. it would be like journalists going to tribal chiefs circa 1890 and saying sarcastically, "are
he wants to raise taxes again. remember this the next time some journalist asks a republican, are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?"-- "are you saying you would not take $1 in tax hikes in exchange for $10 in budget cuts?" we are the indians and the obama administration are andrew jackson. we have been through this before. the democrats tripled the budget. it is not true that it was reagan's tax cuts that led to the deficit. the...
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91
Mar 15, 2013
03/13
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CSPAN2
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eye 91
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that's not tax reform. [applause] >> this white house has an insatiable appetite for revenues and more taxes. enough is enough. when it comes to education, what the dem credits extol the virtues of our one-size, fits all fact through r school where the child follows the dollar, and mean while let's support the education where the dollars follow the child. [applause] >> we had a union leader in louisiana who said that parents don't have a clue when it comes to making choices for their children. that's debate we need to have as a country. i melt with a group of moms and they say we make choices for our children every day. we know needs of our children better than the bureaucrat in baton rouge and washington, dc. that's the conversation we need to have today. these are just a couple of examples but we must fight the battle of idea or as margaret thatcher said, this is how we must win the argument. as i close, let me just share with you this. let me make this observation. america's facing her greatest choice. a
that's not tax reform. [applause] >> this white house has an insatiable appetite for revenues and more taxes. enough is enough. when it comes to education, what the dem credits extol the virtues of our one-size, fits all fact through r school where the child follows the dollar, and mean while let's support the education where the dollars follow the child. [applause] >> we had a union leader in louisiana who said that parents don't have a clue when it comes to making choices for...
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Mar 21, 2013
03/13
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CSPAN
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eye 105
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we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we eliminate some of the depletion balances. there's no reason we should be giving tax subsidies to these companies. we eliminate benefits for , reduce corporate meals and entertainment. is one thing. the second thing we do is we say, all right, people making over $400,000 now will be haying a tax of three point 96% on their highest income. % on their highest income. institute new tax brackets for millionaires and billionaires. $1 on every one dollar above million. 40 six percent on every one dollar above 20 million dollars. we finally go to a total of 49% for every on
we will close many corporate tax loopholes, like the tax deferral. you can move jobs overseas and never pay any taxes. , bribed us took bring the jobs home. we say no. if you are an american corporation and you earn money overseas or you earn money here but use tricks, it does not matter. we will tax it all. if you're paying taxes to a foreign government, you get a credit for that so no double taxation. but you should not get a in a fit of no taxes because you are shipping jobs abroad. we...
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148
Mar 21, 2013
03/13
by
FOXNEWSW
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eye 148
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it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >> do you like eggs? >> doesn't everybody. >> the scrambled eggs and people fgather on the first day of swing and restaurants compete who can make the biggest portion and a record to the team cooked 1500 eggs in one gigantic pan. >> why? >> they're a symbol of a new beginning for spring. >> looks pretty good. >> thanks for joining us. >> "america live" starts right now. >> megyn: fox news alert just 48 hours after an assassination style hit on a high ranking state official in colorado, investigators are looking into whether a powerful saudi arabian family is in in way tied to the murder. tom clements was director of colorado department of corrections. as the manhunt for his killer began, who could have carried this out. welcome, i'm megyn kelly. investigators working on several theories today as they clements murder, but one leading theory involved this man here, he is a saudi national
it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >> do you like eggs? >> doesn't everybody. >> the scrambled eggs and people fgather on the first day of swing and restaurants compete who can make the biggest portion and a record to the team cooked 1500 eggs in one gigantic pan. >> why? >> they're a symbol of a...